We witnessed a collective global response to COVID-19 pandemic achieved by, amongst other important elements, the fast-tracking of ‘technology transfers’ (the sharing of how to manufacture certain vaccines from vaccine providers to contract manufacturers, around the globe) and value...
The UAS sector holds tremendous opportunities and if unleashed has the potential to transform many of the sectors and could contribute 4-5 % to India’s GDP, due to the multiplier effect. UAS, commonly known as a drone, started off...
Travel and tourism in India is on a high growth trajectory and is projected to grow by an estimated CAGR of 7.1% in terms of its contribution to GDP over next decade. The Indian tourism industry has bucked the...
As India aspires to become a developed super-economy, the transformation of the MSME sector remains a prerequisite. Indian MSMEs contribute 8 per cent to National GDP, 45 per cent to manufacturing output, 40 per cent to exports, and provide...
Debt restructuring, or eventual liquidation will be a speedier exercise and hopefully less frustrating for the stakeholders.
Budget 2018 has introduced major reforms in the social sector, viz. healthcare and education. FICCI looks forward to greater measures in this direction in coming years.